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will want to see how tarnished is apple's shine releasing the latest quarterly earnings and most expect disappointing results. apple's high flying stock has plunged from over $700 to $390. apple has not released any new products and sales are mediocre. the good news is that expectations are so low that apple could start to surprise wall street and begin the turn around. apple now is dealing with defective iphones. two chinese newspapers report that apple returned 8 mill -- eight million iphones to china. it is not cheer clear which models are affected but apple is not experiencing iphone short averages and they could cost the company $250 million. executives have admitted that the iphone is the most difficult device they have assembled. >> netflix starts positive with shares for the company surging yesterday following the announcement they signed up two million new subscribers the first quarter closing up 11 points to $174.237 a share because of additional they say of new original programming including "house of cards" and "arrested development." the c.e.o. says that the company could o
reported signing up $2 million more customers for the screaming service. >>> apple is scheduled to announce its quart terly earnings after the -- quarterly earnings after the bell. they are expecting lower profits. that's the first time in a decade they would shrink. right now, the stock is up 1% to $403. >>> twitter has signed its biggest ad deal yet. the agreement is reported to be worth hundreds of millions of dollars over several years. starcom, coca-cola and microsoft. analysts say the deal shows twitter is the bridge to tv audiences. google will bring new information right to your desktop. there is a new service called google now that tries to answer questions before you ask them. there's it could tell you a different way to drive home because traffic is bad on your usual route at the time you are scheduled to leave. >>> also this morning, a new sign, the housing market is getting stronger. the commerce department says sales of new single family homes went up 1.5% in march. seas jumped 18% higher than during march of last year. the national average price almost 7% between february and
tragedy, the state of virginia is pausing dollars to victims from apple 16th, 2007. that is late 22 year- old college student on a shooting spree at the campus in blacksburg 32 bit support given the gunman took a long life. it is considered the deadly shooting rampage in modern u.s history. >> we will continue team coverage of the attack at the boston marathon were three people were killed and more than 150 people are injured. we're live in boston we will have all the angles that affect you in the bay area as well. even down to the commute this morning. we will be right back. >> we continue to monitor the latest informations on our top story devastation boston. two bombs going off 100 yds in 10 seconds apart near the finish line of the boston marathon. >> the very latest numbers we have an kron 4 news 3 killed including an 8 year- old boy was watching his father run the race. his mother and sister seriously injured. 150 people injured. >> at the youngest three years old. >> there's been no claim of responsibility for the bombing. overnight we have video of law-enforcement officers search
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